News

Milk production in May was down 0.4% across all states compared to last year, according to USDA. Total production sat at 19.055 billion pounds, up from 18.468 billion pounds in April. Within the 24 major dairy producing states, production was down 0.1% in May compared to last year. Total production in May was at 18.1 billion pounds in those states, up ...

Nothing in life is free. The Dairy Margin Coverage (DMC) program will reduce market risk for farms who participate, but it could reduce overall milk prices for everyone and net farm operating income as well. «A key effect of DMC is to keep a higher average number cows and milk production, because the higher indemnity payments tends to blur the signals about how much mil...

The downward trend in milk prices, which began in April, is showing its strength in early June. This is reported by Yana Muzychenko, an analyst of the Association of Milk Producers. Thus, in the first decade the average price for Extra Grade milk dropped to ...

Ukrainian cheese makers begin this summer season not in their best mood. The competition in the domestic market is intensifying: traditional manufacturers of cheese products are trying to enter the market with real cheeses and supply of imported cheese is also growing. Under these conditions, it is necessary to stimulate sales with lower prices. The cheesemakers are not used to this, because in the period 2014−2018 they were only raisi...

During the VII Summer Dairy Summit, the Director of the Dairy Market Research Center (DIA), Mikhail Mishchenko, noted that today there is a number of question the dairy industry of the Russian Federation has to answer. One of the key question is the one of export and its necessity. «Import substitution in the dairy industry of Russian Federetion has not happened. In 2013, the difference between the volume of produced and processed milk was 3.8 million t...

Over the Y2018, Ukraine improved its position in the IMD World Competitiveness Rankings by climbing five points up.  «Ukraine holds the 54th position compared to the 59th last year. In total, 63 countries of the world are presented in the rating,» the message says. Singapore is&nbs...

This year exports of dairy products have markedly decreased. According to April results, foreign sales of most dairy products declined compared with the same period last year. Butter sales declined almost two times, cheese products almost three times,...

For the first time since November, world dairy prices slid backwards, dipping 1.2% in the aggregate on Global Dairy Trade auction in New Zealand today. Volume was very light, with just 15,510 metric tons changing hands. But it wasn’t all doom and gloom. Cheddar cheese shot up 15.2% to $ 2.20/lb. Skim milk powder (SMP) was up&n...

Average milk prices in Ukraine in May continued to show a downward trend. Even stabilization in the second half of the month didn't stop the decline, which became possible as a result of the conclusion of new export contracts for the sale of dry milk. This is reported by Yana Muzychenko, an analyst of the Association of Milk Producers. Thus, the average price for Extra Grade milk in May is 9.43 UAH/kg inclusive...

Global dairy prices slipped at a fortnightly auction held early on Wednesday, snapping a record gaining streak. The GDT Price Index dipped 1.2pc, with an average selling price of $ 3,414 per tonne. The index had risen 0.4 percent at the previous sale, gaining for the eleventh time in a ...